IBPS, SBI, RBI Banking Current Affairs Questions and Answers - 3

Question: 11

The period of high inflation and low economic growth is termed as

(A) Stagnation

(B) Stagflation

(C) Take off stage in economy

(D) None of these 

Ans: B

Stagflation

Question: 12

The Monetary policy of India is announced by the

(A) Union Finance Minister

(B) Prime Minister of India

(C) Union Commerce Minister

(D) Governor of the RBI

Ans: D

Governor of the RBI

Question: 13

Under whose chairmanship was the committee on Insurance Sector reforms set up?

(A) R N Malhotra

(B) C Rangarajan

(C) Narasimham

(D) None of these

Ans: A

R N Malhotra

Question: 14

Smart Money is a term used for

(A) Cash with bank

(B) Cash with public

(C) Internet banking

(D) Credit cards

Ans: D

Credit cards

Question: 15

Green Banking Channel has been launched by

(A) RBI

(B) UTI

(C) PNB

(D) SBI

Ans: D

SBI

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